- June 18, 2020
- Posted by: Tradingshot Articles
- Category: Commodities
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Pattern: Channel Down on 4H.
Signal: (A) Bearish is the (red) Higher Lows trend-line breaks. Bearish extension below Support 1. (B) Bullish if the 1746 Resistance breaks.
Target: (A) 1695 (Lower Low of the Channel Down), (B) 1760 (just below the Yearly High).
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Tradingview link:
https://www.tradingview.com/chart/XAUUSD/msNeZO0g-XAUUSD-Trading-plan